Chairman and CEO: tandem at the top

Abstract

This quote, from one of the chairmen interviewed for this research, shows in essence what almost all of them expressed as the key issue for effectiveness of the board and for top- level value creation in their organizations. The research indicates in favour of having a pair of leaders at the top working together — where both leaders are leveraging from each other’s core skills and competencies. This is the ‘Tandem’ at the top. This implies that they work together but have chosen different roles and have agreed on a division of key tasks between them.